Lufthansa-BMI: EC sets provisional date for takeover ruling

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German flag-carrier Lufthansa has formally notified European Commission regulators over its planned acquisition of a controlling stake in UK airline BMI.

The European Commission has given a provisional deadline of 14 May to rule on the takeover.

Its records show that Lufthansa put forward its formal notification on 3 April. Lufthansa's acquisition will increase its share in BMI to 80%.